Revie Secures $2.5M Seed Funding to Transform Saudi Renovation Market
The Saudi-based platform simplifies the renovation process by connecting users to contractors and designers.
Revie, a Saudi-based tech-enabled renovation platform, has closed a $2.5 million seed funding round led by Sanabil Venture Studio by Stryber. The investment aims to support Revie in scaling its operations, enhancing its technology and improving the customer experience.
The platform offers a comprehensive renovation solution, simplifying the process of design, planning, and execution by connecting users with a curated network of contractors and designers. It seeks to address persistent challenges in the renovation industry, such as cost uncertainties, project delays and quality control concerns.
Plans for the funding include investing in technology to streamline processes and building a scalable foundation to support the platform's long-term growth.
“Revie is setting a new standard in the renovation industry by tackling complexities with innovative, tech-driven solutions,” Rayan Aebi, CEO of Sanabil Venture Studio by Stryber and Chairman of the Board of Revie, tells StartupScene. “At Sanabil Venture Studio, we are excited to support their journey to revolutionize this space and contribute to the development of a more efficient and customer-focused market in the Kingdom.”
Sanabil Venture Studio, a part of Sanabil Investments, focuses on innovative startups aligned with Saudi Arabia’s Vision 2030, which emphasises entrepreneurship and technology-driven solutions.
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